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HDB Eligibility Guide for this Westwood EC Launch . Singapore

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As Westwood Residences is an executive condominium, you must meet HDB’s eligibility criteria to book a unit at this Westwood EC launch. If you need help to assess your eligibility, just send your query via the Contact Form.

Source: HDB web site (www.hdb.gov.sg)

Citizenship

Main applicant must be a Singapore Citizen

Application must include at least one other Singapore Citizen or Permanent Resident.

Age

All applicants must be at least 21 years old at time of application of this Westwood EC launch

If applying under the Joint Singles Scheme, both must be at least 35 years old

Family Nucleus

You must form a family nucleus under one of the schemes listed here:

Public Scheme
You (the applicant) and;
* Your spouse, and children (if any)
* Your parents, and siblings (if any)
* Your children under your legal custody (if you are widowed or divorced)

Fiance/Fiancee Scheme
You (the applicant) and your fiancee/fiance

Orphan Scheme
You (the applicant) and;
* Your unmarried brothers/sisters, or
* Another unrelated single orphan

Joint Singles Scheme
You (the applicant) and another single person

Income Ceiling

Your total monthly household income must not exceed SGD$14,000

Special Requirement for Undischarged Bankrupts

Undischarged bankrupts must seek the Official Assignee (OA)’s consent to apply for this Westwood EC launch. However, they do not need to seek the OA’s approval to be listed as an occupier.

Ownership of Private Property

You, your spouse, & any occupiers in this application, and their spouses, must not own or have disposed of, or have any part or share in any other private flat, house, building or land.
* Within 30 months before the date of application, and
* Between the application date and the date of taking possession of this EC.

Owners/Ex-owners of HDB flats / DBSS flats / EC units

Each Singaporean household is allowed to buy the following housing types only twice:
* a flat directly from HDB;
* a resale flat with the CPF Housing Grant (only applicable to 1st timers);
* a DBSS flat from a developer;
* an EC apartment from a developer.

If you’ve already bought two such apartments, you cannot apply for, or be listed as an essential occupier in an application to buy a unit at this Westwood EC launch.

Definition of First-timer Applicants

You and any essential family members listed in your application for the Westwood EC launch, have NEVER:
* Bought a flat directly from HDB, or a DBSS flat or Executive Condo from developer
* Sold a flat bought directly from HDB, or DBSS flat or EC bought from developer
* Received the CPF Housing Grant for the purchase of an HDB resale flat
* Enjoyed other forms of housing subsidy (eg. SERS, privatisation of HUDC estate, etc)

70% of units will be set aside for first-timers during the initial period of this Westwood EC launch.

Definition of Second-timer Applicants

You or the essential family members in your application have owned/sold or are currently owners of:
* Any HDB flat that was bought from HDB, or
* Any resale flat that was bought under the CPF Housing Grant Scheme, or
* A DBSS flat or an EC bought from the developer, or
* Have enjoyed other forms of housing subsidy (eg. SERS, privatisation of HUDC estate etc.)

Second-timers buying at this Westwood EC launch are required to pay a Resale Levy. For resale levy details, see this page (opens in new window).

If you belong to any of the above categories, you may apply to buy a unit at the Westwood EC launch on condition that a 5-year period (excluding any period of subletting of the whole flat) has lapsed from the #date of taking possession of the previous flat to date of application for the new EC.

# The date of taking possession refers to following dates:
* Date of key collection, for flats that are bought direct from HDB
* Date of resale completion, for resale flats bought from open market with CPF Housing Grant
* Date of transfer at market value of the flat bought with CPF Housing Grant
* Date of key collection for EC/DBSS flats bought from the developer

Ex-owners of an EC

Are you, your spouse or any of the essential occupiers listed in the application an ex-owner of an Executive Condominium bought directly from the developer? If yes, you would need to wait at least 5 years from the date of taking possession of the earlier Executive Condominium before applying for the new EC.

30-Month Period
In addition, you need to wait out a 30-month period from the effective date of disposal (i.e., date of legal completion of the sale of your Executive Condominium, evidenced by the Notice of Transfer or such other documentary evidence as HDB may require) of the EC before you can apply to buy a unit at the Westwood EC launch.

Essential Occupiers

Any person applying to buy at this Westwood EC launch or be listed as an occupier must not currently be listed as an essential occupier of:
* An existing HDB flat bought directly from HDB,
* A DBSS flat bought under the CPF Housing Grant Scheme, or,
* A resale flat bought under the CPF Housing Grant Scheme

However, you may be eligible if you have stayed in the existing flat for at least 5 years from the #date of taking possession of the existing flat to the date of application for a new flat.

Cancellation of Application After Booking a Flat

If you book a flat from the March 2012 BTO and Sale of Balance Flats exercises onwards, and subsequently cancel the flat booking, you will have to wait 1 year from the date of cancellation before you can apply or be included as an essential occupier in a Westwood EC launch application.

Divorcees

Within 3 years from the date of a divorce, only one party in the divorce can own one of the following housing units:

Flat bought directly from the HDB

DBSS flat / EC bought directly from a private developer

Resale flat bought from open market under the CPF Housing Grant Scheme

If there is an existing matrimonial home which is one of the above, and that home is retained by your ex-spouse, you may apply to buy or be listed as an essential occupier in this Westwood EC launch only 3 years after your date of divorce.

However, this 3-year wait out period will not apply if you are buying this new EC with your parents or a new spouse.

If there is no matrimonial home or the matrimonial home was bought from the open market without any CPF Housing Grant, you may apply for the Westwood EC launch after you obtain your ex-spouse’s consent not to own or be listed as an essential occupier in any of the above housing types within the 3-year period from the date of divorce.

The requirement for ex-spouse’s consent is waived if you are buying the EC with your parents or a new spouse or if you are buying a resale flat from the open market without the CPF Housing Grant.

The requirement to seek ex-spouse’s consent during the 3-year period from the date of divorce is also waived if you meet the following conditions:

All your children are below 18 years old at the date of divorce; and

You have the legal custody of all your children and are also the only parent with the care and control of all your children

Person Who Has Bought an EC/DBSS Flat with CPF Housing Grant

A person who bought an EC or DBSS flat with CPF Housing Grant but terminated the Sale & Purchase Agreement may apply to buy a unit at this Westwood EC launch.

However, this is allowed on the condition that a 5-year period has lapsed from the termination date of the Sale & Purchase Agreement of their earlier EC or DBSS flat purchase, to the date of application for this new EC.